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519 Northlake Drive

519 Northlake Drive, San Jose, CA 95117
Multifamily in Northlake
Local assessors in San Jose, CA have categorized 519 Northlake Drive as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 6,540 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 519 Northlake Drive has a total of 3,129 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on no air conditioning for their cooling system. The home's no heating system is the primary heating source and it is being fueled with nothing. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 519 Northlake Drive was last sold in May 24, 2021 for $1,795,000. According to our calculations, that's $573.67 per sqft. Prior to that sales transaction, the property was sold for $1,630,000 in Jul 5, 2017. Current property owners are expected to pay $24,277 in taxes per year. The property on 519 Northlake Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,867,518. To break that down further, the land itself was valued at $1,399,338. While improvements to the property were assessed at a total of $468,180. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Assigned Parking
Carport
Covered Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200708
07/08/2020
8 Bed
-
3129 ft²
$1,888,000
bedrooms
8 Bed
bathrooms
-
square feet
3129 ft²
$1,795,000 -4.93%
06/02/2021
William C Tran

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Spanish
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 4
  • Patio Type: Patio - screened

    Dimensions

  • Lot Size Square Feet: 6,540
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,129
  • Gross Building Area: 3,129
  • Building Area: 3,129
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 3,129
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 2718
  • Land Acres: 0.15
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: TRACT 2718 BOOK 119 PAGE 9 LOT 29

Ownership

  • Current Owner : DO ASHLEY
  • Previous Owner : SALEHI AMIR
  • Previous Owner 2: SALEHI ELMIRA
  • Owner Before Previous Owner: SMITH RICHARD C
  • Owner Before Previous Owner 2: SMITH SANDRA J

Neighborhood

  • School District Name: Campbell Union Elementary School District
  • Census Tract: 506301

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 60-F5
  • Subdivision Tract Number: 2718
  • Parcel: 303-27-057
  • Lot: 29
  • Municipality: SAN JOSE
  • Latitude: 37.3182
  • Longitude: -121.969

    Address

  • Full Address: 519 Northlake Dr
  • Address - House Number: 519
  • Address - Street Name: Northlake
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Jose
  • Carrier Code: C020
  • 4-Digit Zip Code: 1332
  • Zip Code: 95117

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,277
  • Tax Rate Code Area: 17-019

    Appraisal Valuation

  • Standard Deviation: 0.4237
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 15
  • Final Value: 1,709,957
  • High Value: 2,434,466
  • Low Value: 985,447

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $845,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Loan Amount: $845,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,867,518
  • Assessed Land Value: $1,399,338
  • Assessed Improvements Value: $468,180

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11836777404
  • Current Sale Price: $1,795,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24982337
  • Previous Sale Recording Date: Jul 07, 2017
  • Previous Sale Contract Date: Jul 05, 2017
  • Previous Sale Amount: $1,630,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $845,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About West Valley



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Frequently Asked Questions

What neighborhood is 519 Northlake Drive located in?
The 519 Northlake Drive is a multifamily located in the neighborhood of Northlake in West Valley, San Jose.
What is the average sales price for listings in 519 Northlake Drive?
The average sales price for units in 519 Northlake Drive is $1,788,000 , or $571/sqft. currently.

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